What is the CarbonCreditNFT?!
What is a carbon credit in reality?
The ultimate goal of carbon credits is to reduce the emission of greenhouse gases into the atmosphere.[1] 1 carbon credit is equal to 1 tonne of CO2, or in some markets, is the equivalent amount of other powerful greenhouse gases.
Currently, countries signed onto the Paris Climate Agreement are negotiating rules for an international carbon market to buy and sell carbon credits, though experts say those rules would impact large-scale emitters, not individuals purchasing low-cost offsets.[2]
Purchasing high quality carbon credits is an effective way to contribute the transition to a low-carbon, climate secure world.[3]
What is a Carbon Credit NFT?
With these Carbon Credit NFT’s you can really trigger 1t of CO2 emission. You can support the fight against carbon emissions, and together we can reduce 1t CO2 from the Earth with 1 Carbon Credit NFT.
Why need this Carbon Credit NFT for that? The #NFTCommunity is huge. We can draw attention with this conscious trading above the NFT platforms. This is the best way to involve collectors and artists for the same process. Give back what you took it from…
My emission-reducing program: 1 Carbon Credit NFT benefits 1 tonne of CO2 emission. When you buy 1 of these Carbon Credit NFTs, I’ll buy a carbon offset by your purchase. After that, I’ll have a certificate, witch means I reduced 1 tonne of CO2. So that’s how I can reduce my global footprint through a personal carbon trading. In addition you can do the same process if you want to be more environment conscious as follows:
I just buy from Cool Effect, they are one of the best known carbon offsetter in the world. Cool Effect purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects.
„With a rigorous verification process, we ensure that projects are legitimately reducing carbon pollution. We confirm the science and financials, making sure each project meets the toughest requirements of the world’s major carbon standards (including the United Nations)”.[4]
They also use certified emissions reduction (CER): Emission units (or credits) created through a regulatory framework with the purpose of offsetting a project’s emissions.[5]
If you buy these NFTs, you may be warming the planet, but it could raise the price of carbon credits in international trading. It raises the price the same process as when many air conditioners are used in summer heat. Due to the rise in the price of carbon credit, polluting European companies now incur energy costs that are roughly similar to the cost of using natural gas, which can be processed with much less CO2 emission. This is definitely a positive development, as coal used to be significantly cheaper.
Become Carbon Negative!
When minting an NFT your conscience maybe can rest assured because of CO2 emission.
Featuring:
88 unique CO2 cubes / Carbon Credits, price floor will be increased every 8 Carbon Credits and rare will be added every 8.
Carbon Credit NFT:
OpenSea: https://rarible.com/token/0xd07dc4262bcdbf85190c01c996b4c06a461d2430:544996:0xfc783bfdc155457682cfb9131441761b7db9e9b7?tab=details
Rarible: https://opensea.io/collection/carbon-credit
- https://www.edf.org/climate/how-cap-and-trade-works ↑
- https://www.nationalgeographic.com/science/article/what-are-carbon-offsets ↑
- https://www.goldstandard.org/blog-item/carbon-pricing-what-carbon-credit-worth ↑
- https://www.cooleffect.org/about-us/our-approach ↑
- https://corporatefinanceinstitute.com/resources/knowledge/other/carbon-credit/#:~:text=There%20are%20two%20types%20of,of%20offsetting%20a%20project’s%20emissions ↑